On the heels of today’s surprise German Bundesbank announcement that Germany allegedly repatriated 120 tonnes of gold back from the U.S. and Paris, today a 50-year veteran spoke with King World News about the shocking reason why the Netherlands, Germany, and Belgium are bringing their gold back home. He also discussed the mini-crash in China and the extraordinary move by the Swiss central bank last week.
John Embry: “I would like to open by offering kudos to my friend Egon von Greyerz for his foresight on the fate of the Swiss franc/Euro peg. I thought that was incredible analysis in the face of constant propaganda emanating from the central banks. And I hope this disruptive development serves as a warning to investors that these central banks are not the seers they are cracked up to be…
Continue reading at King World News